Key Highlights From The Finance Bill, 2019

The Budget Statement for the Financial Year 2019-2020 was read on 13 June 2019 by the Cabinet Secretary, Ministry of National Treasury and Planning. Consequently, on 27 June 2019, the Finance Bill 2019 (the Bill) was published and released to the public on 8 July 2019.

The Provisional Collection of Taxes and Duties Act (CAP 415, Laws of Kenya) (the PCTDA) previously granted the Cabinet Secretary powers to the extent that he could declare some tax provisions of the Finance Bill as law before going through the legislative process. It should be noted, however, that pursuant to the High Court decision in Okiya Omtatah Okoiti v The Cabinet Secretary, National Treasury and 3 others, Constitutional Petition No. 253 of 2018, the Court declared the PCTDA unconstitutional.